MSCI Inc. (MSCI) Forms $156.20 Double Top; Castleark Management Raised Glu Mobile (GLUU) Stake

May 21, 2018 - By Henry Gaston

Glu Mobile Inc. (NASDAQ:GLUU) Logo

MSCI Inc. (MSCI) formed double top with $165.57 target or 6.00% above today’s $156.20 share price. MSCI Inc. (MSCI) has $13.91 billion valuation. The stock decreased 0.36% or $0.56 during the last trading session, reaching $156.2. About 843,630 shares traded. MSCI Inc. (NYSE:MSCI) has risen 59.43% since May 21, 2017 and is uptrending. It has outperformed by 47.88% the S&P500.

Castleark Management Llc increased Glu Mobile Inc (GLUU) stake by 38.56% reported in 2017Q4 SEC filing. Castleark Management Llc acquired 460,590 shares as Glu Mobile Inc (GLUU)’s stock rose 4.42%. The Castleark Management Llc holds 1.66M shares with $6.02 million value, up from 1.19 million last quarter. Glu Mobile Inc now has $804.44M valuation. The stock increased 0.88% or $0.05 during the last trading session, reaching $5.76. About 1.49 million shares traded. Glu Mobile Inc. (NASDAQ:GLUU) has risen 71.82% since May 21, 2017 and is uptrending. It has outperformed by 60.27% the S&P500.

Analysts await MSCI Inc. (NYSE:MSCI) to report earnings on August, 2. They expect $1.29 earnings per share, up 35.79% or $0.34 from last year’s $0.95 per share. MSCI’s profit will be $114.84 million for 30.27 P/E if the $1.29 EPS becomes a reality. After $1.31 actual earnings per share reported by MSCI Inc. for the previous quarter, Wall Street now forecasts -1.53% negative EPS growth.

Among 9 analysts covering MSCI Inc. (NYSE:MSCI), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. MSCI Inc. had 18 analyst reports since August 3, 2015 according to SRatingsIntel. Keefe Bruyette & Woods upgraded MSCI Inc. (NYSE:MSCI) on Monday, November 2 to “Market Perform” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, November 3. As per Friday, March 2, the company rating was maintained by UBS. UBS maintained it with “Buy” rating and $141 target in Friday, November 3 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, May 4 report. The rating was maintained by UBS with “Buy” on Friday, August 4. The firm has “Buy” rating given on Monday, November 2 by UBS. The firm has “Sell” rating by Evercore given on Tuesday, October 11. The firm has “Outperform” rating given on Friday, November 3 by Credit Suisse. Morgan Stanley maintained MSCI Inc. (NYSE:MSCI) rating on Monday, August 7. Morgan Stanley has “Equal-Weight” rating and $125 target.

Investors sentiment is 1.32 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 12 investors sold MSCI Inc. shares while 118 reduced holdings. only 56 funds opened positions while 116 raised stakes. 79.53 million shares or 2.23% less from 81.35 million shares in 2017Q3 were reported. Barclays Public Limited Co holds 0.01% of its portfolio in MSCI Inc. (NYSE:MSCI) for 61,440 shares. Contravisory Mgmt holds 2,303 shares or 0.11% of its portfolio. Employees Retirement Sys Of Ohio has invested 0.04% in MSCI Inc. (NYSE:MSCI). Bluemountain Capital Mngmt Limited Liability Com holds 0.18% of its portfolio in MSCI Inc. (NYSE:MSCI) for 71,819 shares. 47,778 were reported by Daiwa Securities. Metropolitan Life Insurance holds 0.05% or 29,841 shares in its portfolio. Shine Inv Advisory owns 0.01% invested in MSCI Inc. (NYSE:MSCI) for 167 shares. 20,241 are held by Tudor Invest Et Al. Price T Rowe Assocs Md stated it has 0.08% in MSCI Inc. (NYSE:MSCI). Brown Brothers Harriman & Company has invested 0% in MSCI Inc. (NYSE:MSCI). State Treasurer State Of Michigan holds 0.03% or 32,400 shares. Financial Bank Of Mellon Corporation holds 0.04% or 1.10 million shares. Korea Corp has invested 0.04% in MSCI Inc. (NYSE:MSCI). Symphony Asset Management Ltd Liability Com has 8,942 shares. Pennsylvania-based Copeland Cap Limited Liability has invested 0.9% in MSCI Inc. (NYSE:MSCI).

Since May 7, 2018, it had 0 buys, and 2 insider sales for $1.03 million activity. 3,362 shares valued at $520,270 were sold by Napolitano Richard J on Monday, May 7. The insider Crum Scott A sold $510,345.

More notable recent Glu Mobile Inc. (NASDAQ:GLUU) news were published by: Seekingalpha.com which released: “Glu Mobile: Next Phase” on May 08, 2018, also Nasdaq.com with their article: “Can Glu Mobile Stock Keep Hitting New Highs?” published on May 09, 2018, Fool.com published: “Why Glu Mobile Inc. Stock Gained 16.2% in April” on May 08, 2018. More interesting news about Glu Mobile Inc. (NASDAQ:GLUU) were released by: Seekingalpha.com and their article: “Glu Mobile +1.1% as bookings hit record and prompt guidance boost” published on May 01, 2018 as well as Streetinsider.com‘s news article titled: “Glu Mobile (GLUU) PT Raised to $6.50 at Roth Capital Following Analysis” with publication date: May 16, 2018.

Castleark Management Llc decreased Netflix Inc (NASDAQ:NFLX) stake by 9,387 shares to 186,588 valued at $35.82 million in 2017Q4. It also reduced Boingo Wireless Inc (NASDAQ:WIFI) stake by 232,034 shares and now owns 458,666 shares. Superior Energy Svcs Inc (NYSE:SPN) was reduced too.

Since February 21, 2018, it had 0 insider purchases, and 6 selling transactions for $3.03 million activity. Akhavan Chris also sold $357,761 worth of Glu Mobile Inc. (NASDAQ:GLUU) on Tuesday, May 15. 134,785 Glu Mobile Inc. (NASDAQ:GLUU) shares with value of $647,952 were sold by de Masi Niccolo. MATHER ANN had sold 50,000 shares worth $270,000 on Monday, May 14. 7,074 shares valued at $27,553 were sold by Lee Gordon S on Wednesday, February 21.

Investors sentiment increased to 1.82 in 2017 Q4. Its up 0.46, from 1.36 in 2017Q3. It increased, as 14 investors sold GLUU shares while 24 reduced holdings. 33 funds opened positions while 36 raised stakes. 51.73 million shares or 15.64% more from 44.73 million shares in 2017Q3 were reported. Rhumbline Advisers invested 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Art Advsrs Limited Liability invested in 500,738 shares or 0.08% of the stock. The Illinois-based Ubs Asset Management Americas has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Prudential Fincl has 67,964 shares. 15,681 are owned by Proshare Advsrs Limited Liability Company. Macquarie Grp Limited invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Tiaa Cref Inv accumulated 232,070 shares. Walleye Trading Lc reported 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Teacher Retirement System Of Texas invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Jpmorgan Chase & holds 0% or 22,787 shares. Great West Life Assurance Company Can has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Northern Tru invested 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Royal Bankshares Of Canada stated it has 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Ameritas Investment Prtn Incorporated reported 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Renaissance Technology Lc accumulated 2.14 million shares or 0.01% of the stock.

Among 11 analysts covering Glu Mobile (NASDAQ:GLUU), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Glu Mobile had 41 analyst reports since August 5, 2015 according to SRatingsIntel. On Wednesday, September 6 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Buy” rating by Roth Capital on Tuesday, July 18. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, October 31 report. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, November 2. The firm earned “Buy” rating on Monday, April 30 by Stifel Nicolaus. The rating was downgraded by Roth Capital to “Neutral” on Wednesday, May 4. The rating was maintained by Stifel Nicolaus on Monday, July 10 with “Buy”. The stock has “Buy” rating by TH Capital on Friday, November 13. Benchmark upgraded Glu Mobile Inc. (NASDAQ:GLUU) on Friday, February 5 to “Buy” rating. The company was maintained on Monday, October 30 by Canaccord Genuity.

Glu Mobile Inc. (NASDAQ:GLUU) Institutional Positions Chart

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